#brewdog-acquisition

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#craft-beer-industry #pub-closures #staff-redundancies #tilray-ownership #equity-for-punks-scheme
London startup
fromTime Out London
1 day ago

8 Brewdog bars are closing in London: full list of shut locations in the capital

Brewdog was acquired by US beverage and cannabis company Tilray for £33 million, resulting in immediate closure of 38 UK pubs and 484 staff redundancies.
Venture
fromLondon Business News | Londonlovesbusiness.com
1 day ago

BrewDog's sad tale highlights why investors have more protection under government-backed VC schemes - London Business News | Londonlovesbusiness.com

BrewDog shareholders lose entire investments as Tilray purchases UK operations for £33 million, a fraction of previous valuation, with no protections unlike government-backed venture capital schemes.
Miscellaneous
fromInsideHook
4 days ago

BrewDog's Sale Yields a New Owner - At Least for Part of It

Tilray acquired BrewDog's global brand, UK brewing operations, and 11 brewpubs for $44 million, representing a significant decrease from previous $1 billion valuations.
fromwww.independent.co.uk
3 days ago

Brewdog sold to US firm for 33m with 38 bars to close and 484 jobs lost

BrewDog has been sold to American firm Tilray Brands for just 33m, with close to 500 people being made redundant. In total, 38 bars across the UK will be set for closure, with the deal encompassing only 11 pubs along with the brand and brewing operations.
UK news
Beer
fromwww.theguardian.com
3 days ago

BrewDog bought by US cannabis and drinks firm for 33m, costing nearly 500 jobs

Tilray acquired BrewDog's UK and Irish assets for £33m, resulting in 484 job losses and leaving 200,000+ equity crowdfunders with nothing.
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